29 place 3
Crypto exchange Coinbase is poised for a big boost as the U.S. suddenly looks more likely to approve exchange-traded funds holding ether, giving investors a way to trade the second most popular cryptocurrency as easily as a stock.
At least six out of the nine investment firms that plan to issue ether ETFs have picked Coinbase as a custodian, meaning the crypto company will safeguard ether for giants including BlackRock, Invesco and Franklin Templeton. Judging by the success of bitcoin ETFs, which launched.
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The Information
Donald Trump has proposed sending $2,000 tariff checks to many Americans. Treasury Secretary Scott Bessent says that might need a congressional OK. Read more āŗ
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The Information
Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubinās startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more āŗ
69
Chinese companies are launching open-source AI models built to power coding assistants as cheaper alternatives to those available from OpenAI, Anthropic and Google.Ā Late last month, Shanghai-based AI startup MiniMax launched M2, a new open-source large language model developed primarily for coding and AI agents. In a post on X, MiniMax noted that the price of M2 is just 8% of that of Anthropicās Claude Sonnet model. (M2 costs $1.20... Read more āŗ
50
Apple is delaying the release of the second-generation iPhone Air to work on a redesign of the device and make it more appealing to consumers, according to two people with knowledge of the matter. The redesign could include a second camera lens, an attempt to address one of consumersā main ... Read more āŗ
37
Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharpĀ slump atĀ most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disneyās entertainment ... Read more āŗ
31
OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Timesā copyright infringement lawsuit against the ChatGPT creator, the Times has asked for access to 20 million conversations between users and ChatGPT, a request OpenAI said Wednesday was ā ... Read more āŗ
30
Blue Owl Capital, one of Wall Streetās biggest private lenders, is ramping up its big bet on artificial intelligence with a roughly $3 billion investment in a New Mexico data center thatās part of OpenAIās Stargate project, said a person with knowledge of the deal. Blue Owl, which has nearly $300 billion in assets, has emerged as a crucial investor in AI infrastructure, taking on the riskiest slices of big... Read more āŗ
27
Welcome, Weekenders! In this newsletter:ā¢ The Big Read: Inside Grindrās boardroom feudĀ ā¢ Plus, our Recommendations: āHarry Potter and the Sorcererās Stone,ā āA Biography of a Mountainā and āMaterialistsāA bit of housekeeping: The Informationās Weekend section is looking for a reporter for a beat weāre calling ātech wealth and culture.ā This person will cover how Silicon Valleyās moguls live largeātheir pursuits, their pastimesāand how they spend their money. Hereās a... Read more āŗ
27
Two longtime vehicle manufacturing leaders at Tesla said separately on Sunday that theyāre leaving the company. One of the executives, Siddhant Awasthi, worked as program manager for Cybertruck and oversaw the production ramp of the electric truck. Awasthi, an eight year Tesla veteran, also ... Read more āŗ
25
TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more āŗ
23
Investors are rushing to back a new generation of research-focused AI startups. In just over a month, theyāve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startupsā founders say they hope to exploit new approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked. Read more āŗ
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Most popular sources
Business Insider
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29% 5 |
Gizmodo
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18% 15 |
Tom's Hardware
|
18% 4 |
CNET
|
6% 2 |
Mashable
|
4% 0 |
| View sources » | |
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16.11.2025 19:09
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